Chapter 9 Q & A : Walter’s Way
Chapter 9 Q & A : Walter’s Way
Walter’s life experience in Chapter 9 took an unexpected turn into the movie business, and a famous actor helped him secure distribution. The Q & A section extracts pertinent information from each chapter of his life and presents it as questions and answers.
Walter’s Way
Chapter 9
Q. In 1979, the U.S. experienced an oil crisis. What are some of the memories that Walter has of that time?
A. Long lines of cars and hours of waiting at gas stations to get gas, and customers fighting over the gas because supplies were so low.
Q. Walter felt so angry and resentful that the United States had become dependent on foreign oil. So what did he do?
A. He decided to get involved in the energy business.
Q. When does Walter think is a good time to get involved in a new venture?
A. Walter believes that sometimes it makes sense to get involved in a business venture or project during an economic downturn, because the risk-reward ratio can pay big dividends.
Questions for you the reader:
What in your life has motivated you to take action, and what was the result?
What risks have you taken? Were they calculated risks? Was the outcome positive or negative?
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